eBay, Amazon sales jump early on Cyber Monday: report

ChannelAdvisor said client sales on eBay's online marketplace jumped 57 per cent from a year before early on Cyber Monday.

The sales growth rate was five times higher than during the same period last year, said ChannelAdvisor.

Client sales on Amazon.com were up 52 per cent during the first part of Cyber Monday, ChannelAdvisor also reported.

Online retail sales are jumping for “Cyber Monday", the key web shopping day following the US Thanksgiving holiday weekend.

IBM says its cloud-based digital analytics platform showed sales up 24.1 per cent from last year.

“All signs point to Cyber Monday being a banner year," IBM said on its Digital Analytics Benchmark blog.

“With sales up 24.1 per cent over 2011, the multiscreen shopper is out in full force this year. Mobile continues its dominance, with the number of consumers using a mobile device to visit a retailer’s site reaching 22.4 per cent."

IBM said the number of consumers using their mobile device to make a purchase was 12 per cent.

Related Quotes

Company Profile

“The iPhone continues to drive more retail shopping than any other device with traffic reaching 8.7 per cent versus 7.2 per cent and 6.3 per cent for iPad and Android respectively," said IBM on Monday.

The company based its data on “the industry’s only cloud-based web analytics platform that tracks more than a million e-commerce transactions a day".

The hot Monday sales came after surveys showed heavy online spending for Black Friday, the day after Thanksgiving.